Homeowner Vacancy Rate in the Midwest Census Region
RHVRMWQ156N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.80
Year-over-Year Change
14.29%
Date Range
1/1/1956 - 4/1/2025
Summary
The Homeowner Vacancy Rate in the Midwest Census Region measures the percentage of homeowner housing units that are vacant. This metric provides insights into the housing market and overall economic conditions in the Midwest.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The Homeowner Vacancy Rate tracks the proportion of unoccupied homeowner housing units in the Midwest region of the United States. It is an important indicator of housing supply and demand, and can signal trends in the regional real estate market.
Methodology
The data is collected through the U.S. Census Bureau's Current Population Survey and Housing Vacancy Survey.
Historical Context
Policymakers and economists monitor this trend to assess the health of the Midwest housing market and broader regional economic activity.
Key Facts
- The Midwest region includes 12 states in the north-central United States.
- Homeowner vacancy rates tend to decline during periods of economic growth.
- High vacancy rates can signal oversupply in the housing market.
FAQs
Q: What does this economic trend measure?
A: The Homeowner Vacancy Rate measures the percentage of vacant homeowner housing units in the Midwest Census Region of the United States.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the health of the regional housing market and broader economic conditions in the Midwest.
Q: How is this data collected or calculated?
A: The data is collected through the U.S. Census Bureau's Current Population Survey and Housing Vacancy Survey.
Q: How is this trend used in economic policy?
A: Policymakers and economists monitor the Homeowner Vacancy Rate to assess the state of the Midwest housing market and broader regional economic activity.
Q: Are there update delays or limitations?
A: The Homeowner Vacancy Rate data is released quarterly with a short delay.
Related Trends
Housing Inventory Estimate: Total Housing Units in the Midwest Census Region
ETOTALMWQ176N
Consumer Unit Characteristics: Income Before Taxes by Region: Residence in the Midwest Census Region
CXUINCBFTAXLB1103M
Median Sales Price of Houses Sold for the Midwest Census Region
MSPMW
New Privately Owned Housing Starts Total One-Family Units in the Midwest Census Region
HOUST1FMWQ
Housing Inventory Estimate: Vacant Housing Units Held Off the Market and Vacant for Other Reasons in the Midwest Census Region
EOTHMWQ176N
Business Applications with Planned Wages for Midwest Census Region
WBUSAPPWNSAMW
Citation
U.S. Federal Reserve, Homeowner Vacancy Rate in the Midwest Census Region (RHVRMWQ156N), retrieved from FRED.